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Tuesday, April 30, 2024

Exports of rice likely to keep growing

Shipments could hit 8m tonnes this year

Thai Hom mali rice, also known as jasmine rice or Thai fragrant rice, has seen rising global popularity among consumers. (Photo: Chakrapan Natanri)

Demand for Thai rice in the international market remains strong, with Commerce Minister Jurin Laksanawisit expecting the country’s exports to potentially increase to 8 million tonnes this year.

Speaking after a discussion with the Thai Rice Exporters Association, Mr Jurin said on Monday that the weak baht, increased stocks for domestic consumption in India and Vietnam, and growing demand in the Middle East are the key factors that will help boost the Thai rice export outlook this year.

The Foreign Trade Department…

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